Truist Financial Corp Trims Stock Holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC)

Truist Financial Corp decreased its position in First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Get Rating) by 2.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,327 shares of the company’s stock after selling 468 shares during the period. Truist Financial Corp’s holdings in First Trust Dorsey Wright Dynamic Focus 5 ETF were worth $613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. United Capital Financial Advisers LLC raised its stake in First Trust Dorsey Wright Dynamic Focus 5 ETF by 8.7% in the 2nd quarter. United Capital Financial Advisers LLC now owns 10,063 shares of the company’s stock worth $341,000 after acquiring an additional 808 shares during the last quarter. Captrust Financial Advisors purchased a new position in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF during the 1st quarter valued at about $44,000. Wells Fargo & Company MN raised its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 0.5% during the 2nd quarter. Wells Fargo & Company MN now owns 313,503 shares of the company’s stock valued at $10,634,000 after buying an additional 1,633 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 3.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 46,986 shares of the company’s stock valued at $1,613,000 after buying an additional 1,745 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of First Trust Dorsey Wright Dynamic Focus 5 ETF by 3.0% during the 2nd quarter. Private Advisor Group LLC now owns 80,318 shares of the company’s stock valued at $2,724,000 after buying an additional 2,345 shares during the last quarter.

First Trust Dorsey Wright Dynamic Focus 5 ETF Trading Up 0.7 %

NASDAQ FVC opened at $35.52 on Monday. The stock has a 50-day simple moving average of $35.39 and a two-hundred day simple moving average of $35.14. First Trust Dorsey Wright Dynamic Focus 5 ETF has a fifty-two week low of $32.82 and a fifty-two week high of $38.63.

First Trust Dorsey Wright Dynamic Focus 5 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Tuesday, December 27th were paid a dividend of $0.271 per share. The ex-dividend date of this dividend was Friday, December 23rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.05%. This is a positive change from First Trust Dorsey Wright Dynamic Focus 5 ETF’s previous quarterly dividend of $0.12.